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When would a U.S. firm consider purchasing a call option in yenfor hedging? When would a U.S. firm consider purchasing a put option on yenfor

  1. When would a U.S. firm consider purchasing a call option in yenfor hedging?
  2. When would a U.S. firm consider purchasing a put option on yenfor hedging?
  3. When should a speculator purchase a call option on Canadian dollars?
  4. When should a speculator purchase a put option on Canadian dollars?

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